WBOND & TGOLD Utilities
Dear Tank Wars Family,
In this article, we would like to elaborate a bit more on the reason why we chose the dual token system for Tank Wars Zone as well as the utilities of our two primary tokens WBOND and TGOLD.
While designing our tokenomics, we wanted to control the volatility of our main utility and governance token WBOND, and also ensure the scalability of the project later on.
In a single token based game, since the token supply is usually limited, the project would be in good shape when there were not many users and not too many tokens were emitted. But over time, as the number of players rises to thousands or even hundreds of thousands and the total token emission increases, the capped token supply will exert significant pressure on the token price, making it extremely pricey and difficult to access for new users.
We believe the dual token system can resolve this issue to some degree by separating the core utility and governance token and the in-game currency one.
The project will be able to grow up and adapt to any substantial number of players due to the unlimited supply of TGOLD. At the same time, the main token WBOND is safeguarded and shielded from the in-game currency, which is typically more volatile as a result of in-game actions and activities.
Regarding our tokens utilities, you can check the details as follows:
✨ WBOND Utility
- Governance token for investors and players
- Main token for raising funds
- Stake WBOND to earn TGOLD or WBOND
- Stake WBOND Liquidity Pool to earn WBOND or other Tokens
- Stake WBOND to vote in Tank Wars Decentralized Autonomous Organization (DAO)
- Use WBOND to trade NFTs such as tanks, accessories, lands, etc.
- Mint new tanks from Factory with LP 50% WBOND + 50% TGOLD
- 🏦 WBOND collected by the system will be put in Treasury for future development 📈
✨ TGOLD Utility
- In-game currency
- Use TGOLD to repair and upgrade tanks
- Use TGOLD to buy in-game items
- Use TGOLD to lend and rent tanks
- Mint new tanks from Factory with LP 50% WBOND + 50% TGOLD
- TGOLD will also be implemented in Tank Wars Marketplace for users to trade tanks, accessories, lands along with WBOND
- 🔥 TGOLD collected by the system will all be burned 🔥
For more information, you can also get the latest updates from our official resources:
Socials: https://linktr.ee/tankwarszone/
Website: https://tankwars.zone/
Twitter: https://twitter.com/TankWarsZone
Telegram: https://t.me/TankWarsZone
